Hotels digitise in wake of the ‘new’ customer - CBRE Hotels CheckIn Report
The key outtake from CBRE Hotel’s annual CheckIn report is the emergence of a ‘new’ hotel customer which is forcing hotel operators to change their business models, with many adopting new technologies to meet the growing demand for convenient and engaging experiences.
‘Hotels of the Future’ changing Australia’s hotel industry today
A new Tourism Accommodation Australia research report released today highlights the dramatic expansion and transformation of Australia’s hotel industry, with a new generation of hotels being developed to cater for a new era of travel.
Auckland New Zealand Hotel Research Report: Horwath HTL
According to Horwath HTL in their latest Auckland Hotel Market Outlook report, 41 hotel projects in various stages are planned to open over the next five years with a total of 6,500 rooms, which if they proceed, represents an increase of approximately 89% of the current major hotel supply in...
Asset shortage in key Australian cities drives acquisition spree by hotel groups
A shortage of suitable real estate for hotel developments in key cities such as Sydney, Melbourne, Gold Coast, Canberra, Auckland and Queenstown is behind a boom in acquisitions by top and mid-tier hotel groups - iPG’s quarterly Hotel Market Research Report.
Australia’s most iconic food market will be the focal point of IHG’s latest hotel signing, with the 16-storey Hotel Indigo Adelaide Markets set to open in 2020 in partnership with Primefield Property Pty Ltd.
Strong investor demand combined with a lack of stock, very limited supply growth and sustained outperformance have created a perfect storm for Sydney’s five-star hotel market.
Scarcity sees Sydney five-star hotel room values soar Michael Simpson Savills Hotels
The rarer a commodity the higher its price. Strong investor demand combined with a lack of stock, very limited supply growth and sustained outperformance have created a perfect storm for Sydney’s five-star hotel market, according to Savills Hotels.
It's never been a better time to enter a tourism career in New Zealand
Tourism is the number one export earner in New Zealand, worth $36 billion annually and directly employing more than 230,000 people - New research delving into the minds of New Zealand’s young people has uncovered some fascinating insights.
St. Regis Hotels coming to Melbourne's Flinders Bank in 2022
Local developer Century Group Aus has secured Australia’s first hotel under the renowned luxury St. Regis Hotels & Resorts brand - set to open at Flinders Bank in the Melbourne CBD.
Auckland International Airport continues to see tourism growth
In the year to 30 June 2018, Auckland Airport reported the total number of passengers increased by 5.7% to 20.5 million with international passengers reaching 11.2 million (up 4.1% on FY17) and domestic passengers lifting 7.7% to 9.3 million.
Colliers International release their Australia New Zealand Capital Market Investment Review Hotels research report
Gus Moors and Karen Wales of Colliers International have found that Australian hotel transaction activity slowed in FYE2018 with volumes easing to $1.338 billion - however deal flow increased with 35 transactions (above $10 million) concluding throughout the year; This compares to 30...
